Bunni DEX Hack: $2.4M Lost as DeFi Tokens Fall

A security exploit affecting the decentralized exchange (DEX) Bunni has resulted in a loss of nearly $2.4 million in crypto. The hack, which occurred on both the Ethereum and Unichain networks, is attributed to hackers manipulating the Liquidity Distribution Function (LDF). Blockchain security experts, including SlowMist, PeckShieldAlert, and Certik, are monitoring the situation. Bunni has confirmed a pause of all smart contract functions as they investigate the exploit.